Sunday, November 27, 2016

Running Out The Clock

Despite the likelihood that US President-elect Donald Trump and the Republican-controlled Congress would kill any controversial late-in-the-game moves by Mr. Obama, federal agencies under the Democratic president are pushing for a flurry of so-called "midnight" regulations on everything from the environment to transportation and financial marketplaces.

The White House was reviewing as many as 98 final regulations , as of Nov. 15, that could be implemented before Mr. Trump takes office, including 17 with an estimated annual economic impact of $100 million or more, Politico reported. But lawmakers have warned agency heads to avoid rushing to finalize rules or regulations before Obama leaves office.